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| 2 | 2 | | HOUSE DOCKET, NO. 2260 FILED ON: 1/19/2023 |
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| 3 | 3 | | HOUSE . . . . . . . . . . . . . . . No. 2876 |
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| 4 | 4 | | The Commonwealth of Massachusetts |
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| 5 | 5 | | _________________ |
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| 6 | 6 | | PRESENTED BY: |
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| 7 | 7 | | Jay D. Livingstone |
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| 8 | 8 | | _________________ |
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| 9 | 9 | | To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General |
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| 10 | 10 | | Court assembled: |
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| 11 | 11 | | The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill: |
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| 12 | 12 | | An Act to promote high-impact community investment. |
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| 13 | 13 | | _______________ |
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| 14 | 14 | | PETITION OF: |
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| 15 | 15 | | NAME:DISTRICT/ADDRESS :DATE ADDED:Jay D. Livingstone8th Suffolk1/18/2023Sal N. DiDomenicoMiddlesex and Suffolk1/26/2023David Henry Argosky LeBoeuf17th Worcester2/16/2023Lindsay N. Sabadosa1st Hampshire2/16/2023Jon Santiago9th Suffolk2/16/2023Joanne M. ComerfordHampshire, Franklin and Worcester2/16/2023Paul McMurtry11th Norfolk2/16/2023Peter Capano11th Essex2/17/2023Carol A. Doherty3rd Bristol2/19/2023James B. EldridgeMiddlesex and Worcester2/19/2023Samantha Montaño15th Suffolk2/28/2023Natalie M. Higgins4th Worcester2/28/2023Lydia EdwardsThird Suffolk3/2/2023Gerard J. Cassidy9th Plymouth3/3/2023Daniel Cahill10th Essex3/4/2023Danielle W. Gregoire4th Middlesex3/6/2023Patrick M. O'ConnorFirst Plymouth and Norfolk3/7/2023Angelo J. Puppolo, Jr.12th Hampden3/7/2023 2 of 2 |
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| 16 | 16 | | John J. CroninWorcester and Middlesex3/8/2023Rodney M. Elliott16th Middlesex3/9/2023Michael D. BradySecond Plymouth and Norfolk3/9/2023Christine P. Barber34th Middlesex3/10/2023Judith A. Garcia11th Suffolk3/10/2023Russell E. Holmes6th Suffolk3/10/2023Michael P. Kushmerek3rd Worcester3/10/2023Kevin G. Honan17th Suffolk3/14/2023Tommy Vitolo15th Norfolk3/15/2023Edward R. Philips8th Norfolk3/15/2023 1 of 1 |
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| 17 | 17 | | HOUSE DOCKET, NO. 2260 FILED ON: 1/19/2023 |
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| 18 | 18 | | HOUSE . . . . . . . . . . . . . . . No. 2876 |
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| 19 | 19 | | By Representative Livingstone of Boston, a petition (accompanied by bill, House, No. 2876) of |
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| 20 | 20 | | Jay D. Livingstone and others relative to the community investment tax credit. Revenue. |
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| 21 | 21 | | The Commonwealth of Massachusetts |
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| 22 | 22 | | _______________ |
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| 23 | 23 | | In the One Hundred and Ninety-Third General Court |
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| 24 | 24 | | (2023-2024) |
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| 25 | 25 | | _______________ |
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| 26 | 26 | | An Act to promote high-impact community investment. |
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| 27 | 27 | | Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority |
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| 28 | 28 | | of the same, as follows: |
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| 29 | 29 | | 1 SECTION 1: Section 38EE of Chapter 63 is hereby amended by deleting section 38EE(i) |
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| 30 | 30 | | 2and replacing it with a new Section EE(i) that says (i) The department shall authorize the tax |
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| 31 | 31 | | 3credits under this section. The total value of the tax credits authorized in this section, together |
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| 32 | 32 | | 4with those authorized in section 6M of chapter 62, shall not exceed $12,000,000 taxable years |
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| 33 | 33 | | 52023 and 2024; and shall not exceed $15,000,000 in taxable year 2025 and thereafter. |
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| 34 | 34 | | 6 SECTION 2: Section 6M of Chapter 62 is hereby amended by deleting section 6M(i) and |
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| 35 | 35 | | 7replacing it with a new Section 6M(i) that says (i) The department shall authorize the tax credits |
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| 36 | 36 | | 8under this section. The total value of the tax credits authorized in this section, together with those |
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| 37 | 37 | | 9authorized in Section 38EE of Chapter 63, shall not exceed $12,000,000 taxable years 2023 and |
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| 38 | 38 | | 102024; and shall not exceed $15,000,000 in taxable year 2025 and thereafter. |
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